Switch to Solar
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From loan application to system installation, Smart Power Myanmar
guides your businesses through the entire solar energy journey.
Trusted By Banks
Businesses We've Helped
Why Choose Solar?
-
It Works For All Businesses
Solar can power businesses and equipment of any size -
Lower Energy Costs
On average, businesses reduce their energy costs by 56% -
Systems Last 25+ Years
Solar is a dependable, reliable, and safe investment
A Few of Our Successes
Peanut Oil
Pressing
50%
energy cost reduction
$200K
est. lifetime savings
3.47 Yrs
to break-even
Producing 20,000 liters of peanut oil per month, Ngew Thazin Minn partnered with Smart Power Myanmar to design, finance, and procure a world-class solar system.
Furniture Construction
51%
energy cost reduction
$806K
est. lifetime savings
5.65 Yrs
to break-even
With Smart Power Myanmar's assistance, Premium Valiant Family secured a low-interest loan for rooftop solar, ensuring its furniture factory continues to meet growing local and international demand.
Bag Weaving
54%
energy cost reduction
$198K
est. lifetime savings
1.7 Yrs
to break-even
With solar power supported by Smart Power Myanmar, Triple Three now has reliable energy to power its plastic bag weaving machines and is saving thousands of dollars on energy costs.
With Smart Power Myanmar...
Secure a Loan
With the best possible terms through our partner banks
Get a System Tailored For You
Through our expert site analysis and technical planning
Receive Procurement Support
To help you choose the right solar company and equipment
Guarantee Quality
And be confident that your system meets international standards
Our Work in Action
Our Latest Updates
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on LinkedIn -
Every megawatt-hour carries two things of value: the power itself and the environmental claim behind it. I-REC(E)s allow renewable energy producers to increase revenue by selling those environmental claims while retaining the electricity itself — improving financial bottom lines, protecting jobs, and unlocking new partnerships with local and international buyers.
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"Because of solar energy, I was able to hold my baby." Following the March 28 earthquake, nearly 200 health facilities across Myanmar were damaged. SPM partnered with the Myanmar Maternal and Child Welfare Association to install emergency solar systems in two maternity clinics — keeping the lights on, the equipment running, and saving lives.
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How exactly do I-REC(E)s work? Put simply: they separate the environmental claim of renewable energy from the actual electricity. Each certificate represents 1MWh of renewable generation — giving producers additional revenue and giving buyers a credible, internationally recognised way to make renewable energy claims.
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We've launched our new I-REC(E) website! As Myanmar's hub for renewable energy certificates, the site gives businesses the information and tools needed to register and begin issuing and selling I-REC(E)s. For facilities planning to issue certificates for electricity generated between January and June 2025, the facility registration deadline is 2 May 2026.
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Despite the immense savings from solar energy, banks are critical to financing renewables — solar growth depends on them. We're thrilled to have delivered our 'banking for solar energy' intro course to CB Bank PCL, covering solar foundations, financing structures, risk management, and the role of I-REC(E)s as an additional source of value and revenue.
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Ready to Switch to Solar?
Get in Touch!
192 Kabar Aye Pagoda Road,
Myanmar Plaza, Tower 2, 12th Floor